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Note 8 - Investments, Including Investments Accounted for Using the Equity Method (Tables)

6 Months Ended

Jun. 30, 2020

Notes Tables

Investment [Table Text Block]

		June 30,				December 31,
		2020				2019
Certificates of deposit		$	994,441			$	987,599
Corporate bonds available for sale			807,000				910,000
U.S. Treasury notes and corporate bond			5,984,355				4,649,572
Total		$	7,785,796			$	6,547,171

		June 30,				December 31,
		2020				2019
U.S. Treasury securities, held to maturity		$	647,116			$	1,094,983
Certificates of deposit			106,215				380,753
Preferred stock			104,019				104,019
Non-voting preferred units of Dream Finders Holdings, LLC			6,000,000				12,000,000
Non-voting common units of Dream Finders Holdings, LLC			-				10,000,000
Voting common stock of CBT Holding Corporation			19,058,485				19,058,485
Total		$	25,915,835			$	42,638,240

Debt Securities, Trading, and Equity Securities, FV-NI [Table Text Block]

						Gross
						Unrealized				Fair
		Cost				Gain (Loss)				Value
Marketable equity securities, June 30, 2020		$	69,318,420			$	(18,788,834	)		$	50,529,586
Marketable equity securities, December 31, 2019		$	49,554,926			$	6,353,001			$	55,907,927

Schedule of Available-for-sale Securities Reconciliation [Table Text Block]

						Gross
						Unrealized				Fair
		Cost				Gain (Loss)				Value
U.S. Treasury securities, June 30, 2020		$	78,642,270			$	9,003			$	78,651,273
U.S. Treasury securities, December 31, 2019		$	75,488,863			$	(79,664	)		$	75,409,199

Investments in and Advances to Affiliates [Table Text Block]

		June 30,				December 31,
		2020				2019
Beginning of period		$	771,805			$	568,713
Additional investment in unconsolidated affiliates			11,500,000				264,834
Distributions received			(98,100	)			(541,108	)
Equity in income of unconsolidated affiliates			1,063,325				479,366
End of period		$	13,237,030			$	771,805

Equity Method Investments [Table Text Block]

		For the Three Months Ended								For the Six Months Ended
		June 30,								June 30.
		2020				2019				2020				2019
Revenue		$	196,181,780			$	191,717,919			$	387,933,239			$	310,992,001
Gross profit			28,973,220				33,805,394				54,761,208				55,604,003
Income from continuing operations			10,545,792				11,949,522				17,927,828				15,487,002
Net income			11,214,670				10,667,777				17,732,418				14,016,284

X

- Definition

Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 325
-URI http://asc.fasb.org/topic&trid=2197064

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-Name Accounting Standards Codification
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-URI http://asc.fasb.org/topic&trid=2196928

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-Topic 946
-SubTopic 320
-Section S99
-Paragraph 6
-Subparagraph (SX 210.12-14)
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Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in net income (trading) and investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI).

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